ADT.NYSEAdt INC

Form 4: ADT Inc. Executive Steven Burzo Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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VP, CAO & Controller of ADT Inc., Steven Burzo, reports disposals of common stock to cover withholding tax obligations related to vested restricted stock units.

Summary

  • On March 1, 2025, Steven Burzo, VP, CAO & Controller of ADT Inc., disposed of 5,164 shares of common stock at a price of $8.19 to cover withholding tax obligations on vested restricted stock units (RSUs).
  • Following this transaction, Burzo directly owns 70,165 shares of ADT Inc.
  • On March 2, 2025, Burzo disposed of 2,678 shares of common stock at a price of $8.19 to cover withholding tax obligations on vested RSUs.
  • Following this transaction, Burzo directly owns 67,487 shares of ADT Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The stock disposals may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

DateDescription
03/01/2025Disposal of 5,164 shares of common stock to cover withholding tax obligation on vested RSUs.
03/02/2025Disposal of 2,678 shares of common stock to cover withholding tax obligation on vested RSUs.
03/04/2024Date of signature by attorney-in-fact.

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